An update from Premier Health of America Inc ( (TSE:PHA) ) is now available.
Premier Health of America Inc. reported a challenging first quarter for 2025, with revenues declining to $32.1 million from $37 million in the same period the previous year. The company faced a net loss of $2.3 million, largely due to decreased adjusted EBITDA and increased financial expenses. The implementation of Quebec’s Bill 10, which imposes restrictions on independent labor, significantly impacted the Per Diem segment, now representing only 5% of revenues. Despite these challenges, the company is actively reorganizing its Quebec operations, reducing workforce, and terminating office leases to improve cost efficiency. The CEO remains optimistic about future improvements in operational efficiency and cost reduction.
More about Premier Health of America Inc
Premier Health of America Inc. is a leading Canadian Healthtech company that provides healthcare services and solutions. The company focuses on various market segments, including the Per Diem segment, Travel Nurse services, and services for northern communities.
YTD Price Performance: -20.45%
Average Trading Volume: 37,490
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$9.71M
For a thorough assessment of PHA stock, go to TipRanks’ Stock Analysis page.